Liato puts NAPSA deal record straight

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By Times Reporter

LABOUR and Social Security Minister Austin Liato has described as cheap politicking allegations that President Rupiah Banda influenced the US$98 million deal at National Pensions Scheme Authority (NAPSA) for the rehabilitation of Society House belonging to the Zambia National Building Society (ZNBS).

The minister, during a Press briefing in Lusaka, yesterday said such media reports were false and aimed at discrediting President Banda and his Government.

Mr Liato said the media reports that ZNBS had awarded a Kenyan contractor a contract to rehabilitate Society House along Cairo Road in Lusaka were not true as the contract was awarded to Zambezi Consortium.

Mr Liato said the NAPSA and ZNBS deal to rehabilitate Society House was purely a commercial business transaction and that President Banda had no hand in it.

He warned that the intention by some media houses to feed Zambians with wrong information in a bid to win political ground would not work.

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